Hypo Österreich = Austrian Anadi Bank

Hypo Österreich will be renamed to “Austrian Anadi Bank”.

The good parts of Austrian problem bank Hypo Group Alpe Adria, Hypo Österreich, which was sold to British-Indian investor Sanjeev Kanoria last December will be renamed.

The new name was presented to the public on Thursday by Kanoria and bank manager Martin Czurda. Kanoria explained that the name is supposed to create a link between his home country India and Austria. The…